Praxair reports resilient 2014 results


Praxair, Inc. has reported fourth quarter (Q4) net income and diluted earnings per share of $302m and $1.03, respectively, as part of declared net income of $1.694bn for the year (2014).

The company described the results – which in Q4 include charges to net income related to Venezuela currency devaluation, a bond redemption and a pension settlement – as demonstrating Praxair’s resilience against a ‘challenging’ global backdrop.

Excluding the above items, adjusted net income and diluted earnings per share in Q4 were $460m and $1.57, respectively.

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